USA – Contractbook, a Copenhagen, Denmark-based legal tech automation company, closed a $9.4m Series A funding.
The round was led by Bessemer Venture Partners with participation from existing investors Gradient Ventures. In conjunction with the funding, Mary D’Onofrio and David Cowan, a partner at Bessemer Venture Partners, will join Contractbook’s board of directors. The company intends to use the funds to expand its operations into the U.S. market and accelerate the rollout of new smart contract analysis features. Led by Niels Martin Brøchner, CEO and cofounder, Contractbook is a legaltech company providing a cloud-based software platform that, powered by data-driven document automation, enables small and medium-sized businesses to manage contracts in a single, fully automated flow. Founded in 2017, the company today serves over 100,000 users across more than 2,000 customers, which use its comprehensive contract lifecycle management system to create, sign, store, organize, and analyze all their contracts in a single, fully automated workflow. It is integrated with a suite of business intelligence tools. 09/12/2020
